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Podcast: Schwab Market Update Audio
Episode: Hawkish Powell Remarks Accelerate Losses After PPI
Description: Fed Chairman Powell said there's no hurry to cut rates, hurting rate-cut odds. Stocks, already down after PPI showed little inflation progress, fell for the third day in four.Important DisclosuresInformation on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation. All expressions of opinion are subject to change without notice in reaction to shifting...